BlockWorks - Crypto returns are worse if Twitter bots drive engagement: Study

https://blockworks.co/news/crypto-twitter-bots-returns
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A study by Yale University academics found that crypto projects with more posts from Twitter bots tend to have lower returns over the long-term.

The study used a system to measure a so-called "engagement coefficient" to quantify the level of interest and interaction displayed by social media users.

The researchers found that the engagement coefficient was correlated with the future returns of the cryptocurrencies, and was most predictive of short-term returns.

What do you think?

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Upvoted! Thank you for supporting witness @jswit.

Hi @blockchainhorror.

Congratulations on your daily posts on the crypto world, they are very interesting and useful.

Pity to see, though, that they don't get enough visibility on Steemit.

Unfortunately, on such a big blogging platform, users risk not getting the results they deserve.

I know that you have a very specific editorial line, but a great way to get more visibility and make yourself known on the platform, is definitely to participate in some contests on the platform.

This way you can get in touch with many users and sponsor your blog and then you receive curation for participating in the contest.

If you want, you can have a look at: Contest Alerts: Active Contest List where many active contests on Steemit are listed, maybe there is one for you.

I hope I've been a little helpful and good luck with your blog.. ;D

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